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2026-07-06 10:51:44 -04:00

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LegalText 51 U.S.C. § 40902 National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund us united_states_code code_section 51 NATIONAL AND COMMERCIAL SPACE PROGRAMS 409 MISCELLANEOUS 40902 51 U.S.C. § 40902 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc51@119-100.zip /us/usc/t51/s40902 data/legal/raw/us/code/title-51/usc51.xml b868604b428fdd8ac413c73a432982f16c781971fc113de59828275e729ead75 247760e048bc0c854023cd923eddd6011c857ad6958b62a813e0392121390bd5 dde47bfb4acaf913bbd80bd266b933afdf8975e3ec4c89c794718c0f1e5d58b2 2026-07-04 official
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51 U.S.C. § 40902 - National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund

Text

(a) Establishment.— There is established in the Treasury of the United States, in tribute to the dedicated crew of the Space Shuttle Challenger, a trust fund to be known as the National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund (hereafter in this section referred to as the “Trust Fund”). The Trust Fund shall consist of amounts which may from time to time, at the discretion of the Administrator, be transferred from the National Aeronautics and Space Administration Gifts and Donations Trust Fund.

(b) Investment of Trust Fund.— The Administrator shall direct the Secretary of the Treasury to invest and reinvest funds in the Trust Fund in public debt securities with maturities suitable for the needs of the Trust Fund, and bearing interest at rates determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities. Interest earned shall be credited to the Trust Fund.

(c) Purpose.— Income accruing from the Trust Fund principal shall be used to create the National Aeronautics and Space Administration Endeavor Teacher Fellowship Program, to the extent provided in advance in appropriation Acts. The Administrator is authorized to use such funds to award fellowships to selected United States nationals who are undergraduate students pursuing a course of study leading to certified teaching degrees in elementary education or in secondary education in mathematics, science, or technology disciplines. Awards shall be made pursuant to standards established for the fellowship program by the Administrator.

(d) Availability of Funds.— The interest accruing from the National Aeronautics and Space Administration Endeavor Teacher Fellowship Trust Fund principal shall be available in fiscal year 2012 for the purpose of the Endeavor Science Teacher Certificate Program.

(Pub. L. 111314, § 3, Dec. 18, 2010, 124 Stat. 3391; Pub. L. 11255, div. B, title III, Nov. 18, 2011, 125 Stat. 626.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 4090242 U.S.C. 2467a.Pub. L. 102195, § 20, Dec. 9, 1991, 105 Stat. 1615. In subsection (a), the words “The Trust Fund shall consist of amounts” are substituted for “The Trust Fund shall consist of gifts and donations accepted by the National Aeronautics and Space Administration pursuant to section 208 of the National Aeronautics and Space Act of 1958 (42 U.S.C. 2476b), as well as other amounts” because the Administrations authority to accept gifts or donations under section 208 of the National Aeronautics and Space Act of 1958 terminated 5 years after October 30, 1987.

Editorial Notes

Amendments2011—Subsec. (d). Pub. L. 11255 added subsec. (d).